SolaREIT™ Launches New Capital Solutions for Battery Energy Storage Developers


Firm’s Versatile Capital Options Now Accessible to Storage Builders: Choices Embody Land Buy, Lease Buy, and Battery Storage Land Loans

VIENNA, VA, Jan. 24, 2024—SolaREIT™, a photo voltaic and storage actual property funding fund, has launched a set of capital options for battery power storage methods (BESS) builders. The corporate at the moment gives land purchases, lease purchases and battery storage land loans to BESS builders throughout the nation. With this growth of battery power storage financing, SolarREIT builds on the profitable photo voltaic land financing mannequin they pioneered. The corporate, based in 2020, just lately introduced a $250M funding from AB CarVal in turbocharge photo voltaic and battery storage improvement.

“The capital options now we have pioneered for the photo voltaic business are an ideal match for the storage sector at this crucial time. Battery power storage builders face the challenges of accelerating -development and development capital that we may also help,” stated Laura Pagliarulo, President of SolaREIT. “Storage and photo voltaic are poised for terawatt scale development within the coming decade, however it is going to take a full suite of capital options to make that development a actuality. At SolaREIT, now we have deep that perceive these sectors and construct the suitable financing on the bottom. options tailor-made to suit the wants of builders.”

The event of photo voltaic and power storage is capital. SolarREIT™ works with builders and landowners to offer a wide range of choices for the event of their land. The corporate’s sensible, streamlined choices for photo voltaic and land storage financing ship most flexibility primarily based on purchasers’ particular person wants, monetary objectives, and imaginative and prescient for his or her land.

For extra data: https://www.solareit.com

About SolarREIT™
SolarREIT™, primarily based in Virginia, is an revolutionary actual property firm targeted on delivering financing options for photo voltaic and battery power storage builders. SolaREIT, a minority and women-owned enterprise, was based in 2020 as a Actual Property Funding Belief (REIT) by clear power business veterans with a confirmed observe document in finance, -project improvement, actual property, and neighborhood photo voltaic. The staff is obsessed with renewable power and believes that photo voltaic and battery power storage land financing will play an vital function in increasing the clear power financial system.
For extra data, please go to www.solareit.com.



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